If you are wondering why we are having an idiotic debate about economic policy, read the document linked here from Surplus magazine, which was taken over by a news agency. In it, Germany’s largest trade unions complain about the attacks on the welfare state that are carried out almost daily by the governing parties. …
Mercosur is on everyone’s lips. Wouldn’t the free trade agreement with several countries in Latin America be a golden opportunity to get one over on the USA? Couldn’t a new source of prosperity be tapped with the South Americans? But why has it taken over twenty years to seize this unique opportunity? …
Readers repeatedly point out that I should take note of the fact that long-term interest rates are currently not following the short-term rates set by the central bank, as I normally assume they do. They point out, for example, that long-term interest rates in Germany are currently tending to rise, …
